Workers' remittances, payments in Namibia

Namibia: Workers' remittances, payments was 3.87 million BoP, current US$ in 2011. ▼ Falling

Latest (2011)
3.87 million BoP, current US$
Change on year
up 1.1%
World rank
32nd
of 34 countries
All-time high
4.22 million BoP, current US$
in 2005
All-time low
3.21 million BoP, current US$
in 2009
Years of data
7
2005–2011

Workers' remittances, payments in Namibia, 2005–2011

01.0M2.0M3.0M4.0M2005200820112005: 4.2M BoP, current US$2006: 4.0M BoP, current US$2007: 3.8M BoP, current US$2008: 3.3M BoP, current US$2009: 3.2M BoP, current US$2010: 3.8M BoP, current US$2011: 3.9M BoP, current US$

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.

Analysis

Namibia recorded 3.87 million BoP, current US$ for workers' remittances, payments in 2011.

That represents a change of up 1.1% on the previous year and down 8.2% over ten years.

Namibia ranks 32nd of 34 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.71 million BoP, current US$ 3.21 million BoP, current US$ 4.22 million BoP, current US$ 5
2010s 3.85 million BoP, current US$ 3.83 million BoP, current US$ 3.87 million BoP, current US$ 2

Countries ranked near Namibia

  1. 29 Djibouti 12.86 million BoP, current US$ compare
  2. 30 Malawi 10.53 million BoP, current US$ compare
  3. 31 Cape Verde 6.79 million BoP, current US$ compare
  4. 33 Burundi 3.52 million BoP, current US$ compare
  5. 34 Eswatini 1.11 million BoP, current US$ compare

See the full ranking of 35 places →

More trade data for Namibia

All data for Namibia →

Frequently asked questions

What is workers' remittances, payments in Namibia?
Workers' remittances, payments in Namibia was 3.87 million BoP, current US$ in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
What is the highest workers' remittances, payments recorded in Namibia?
The highest recorded value was 4.22 million BoP, current US$ in 2005.
What is the lowest workers' remittances, payments recorded in Namibia?
The lowest recorded value was 3.21 million BoP, current US$ in 2009.
How does Namibia rank for workers' remittances, payments?
Namibia ranks 32nd out of 34 countries with data for 2011.
Is workers' remittances, payments rising or falling in Namibia?
Over the last ten years it is down 8.2%. The long-run trend across the full record is falling.
Where does this Namibia data come from?
The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as part of Workers' remittances, payments (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Workers' remittances, payments (BoP, current US$)
Unit
BoP, current US$
Source
International Monetary Fund, Balance of Payments Statistics Yearbook and data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 232 data points, 2005–2011
Last refreshed

Workers' remittances are current transfers by migrants who are employed or intend to remain employed for more than a year in another economy in which they are considered residents. Some developing countries classify workers' remittances as a factor income receipt (and thus as a component of GNI). The World Bank adheres to international guidelines in defining GNI, and its classification of workers' remittances may therefore differ from national practices. This item shows payments by the reporting country. Data are in current U.S. dollars.